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iProcure, an agritech enterprise based in Kenya that serves as a bridge linking distributors of agricultural products with manufacturers, has encountered financial difficulties, leading to its placement under administration as of April 26, 2024. The company’s inability to fulfill its financial obligations to creditors precipitated this development. In response to…

The Egyptian startup Waffarha, which specializes in group-buying, has recently raised a substantial seed investment in the seven-figure range, aimed at accelerating its growth trajectory. This infusion of capital is earmarked for enhancing the startup’s technological backbone, attracting and hiring new talent, and facilitating its geographic expansion, particularly into the…

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